Business Context and Reporting Period
Advanced Flower Capital Inc. (AFCG) filed a Form 8-K on September 11, 2026, regarding a stock repurchase program. The company is incorporated in Maryland and trades on The Nasdaq Stock Market LLC.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The primary financial data disclosed relates to the stock repurchase program:
- Repurchase Authorization: Up to $5.0 million of common stock.
- Shares Repurchased (as of Sept 14, 2026): 1,060,089 shares.
- Shares Outstanding (as of Sept 14, 2026): 22,468,755 shares.
Material Changes
The filing announces the execution of a Board-authorized Repurchase Program. As of September 14, 2026, the company has reduced its outstanding share count by repurchasing 1,060,089 shares. The filing text does not provide comparative data to a prior period for these specific repurchase metrics.
Guidance, Outlook, and Risks
Program Duration: The Repurchase Program is expected to remain in place until the earlier of the full $5.0 million authorization being utilized or May 4, 2027.
Constraints: Repurchases are subject to compliance with Rule 38a-1, Rule 17j-1, and Rule 10b-18, including specific price, market, volume, and timing constraints. The company is not obligated to repurchase shares.
Investor Verification Checklist
- Verify the remaining dollar amount available under the $5.0 million repurchase authorization.
- Confirm the average price per share paid for the 1,060,089 shares repurchased.
- Review the company's most recent 10-Q or 10-K for liquidity and cash position to assess the impact of future repurchases.
- Monitor future 8-K filings for updates on the repurchase program status or termination.